Amazon establishes new Counterfeit Crimes Unit
Source: dayone | Amazon
Amazon is launching a new Counterfeit Crimes Unit, dedicated to bringing counterfeiters attempting to list counterfeit products in its store to justice. The global team, made up of former federal prosecutors, experienced investigators, and data analysts, will support the company's substantial efforts already underway to protect its store from counterfeits.
Amazon’s primary focus continues to be in preventing a counterfeit from ever being listed in its store. In 2019, Amazon invested over $500 million and had more than 8,000 employees fighting fraud and abuse, including counterfeit. Amazon’s efforts have blocked over 2.5 million suspected bad actor accounts before they were able to make a single product available for sale and blocked over 6 billion suspected bad listings in 2019. However, it’s critical that Amazon, brands, and law enforcement also go on the offensive and hold counterfeiters accountable for their crimes.